Automotive Glass market

  • The global automotive glass market size is anticipated to reach USD 21.72 billion by 2025 expanding at a CAGR of 5.7%, according to a new report by Grand View Research, Inc.

  • Increasing vehicle production, especially the SUV segment, and increasing glass applications as well as average area per car are some of the key factors fueling the glass demand in the automotive industry. Additionally, safety regulations related to glass, demand for lightweight glass, upcoming smart glass technologies that enhance visibility and provide protection from UV rays are few other factors influencing the demand of glass in the automotive industry.

  • Tempered automotive glass market volume size is estimated to account for approximately 45% by 2024.

  • Automotive glass market is dominated by a few global players and comprises several regional players. Some of key manufacturers operating in the market are Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), Samvardhana Motherson (India), Webasto (Germany) and Nippon Sheet Glass (Japan). The automotive glass market is projected to grow at a CAGR of 4.80% from an estimated USD 16.21 billion in 2017 to reach a market size of USD 23.59 billion by 2025. The market is driven by advanced technologies such as smart glass, increasing glass applications & area per vehicle, and the increasing demand for laminated side glazing.